Amazon.com, Inc. News
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers. It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, it provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, and digital content subscriptions. Additionally, the company offers Amazon Prime, a membership program. It serves consumers, sellers, developers, enterprises, content creators, and advertisers. The company was incorporated in 1994 and is headquartered in Seattle, Washington.
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Amazon Outlines $1 Billion U.S. Data‑Center Community Investment Amid EU Cloud Scrutiny
- Amazon commits over $1 billion in U.S. data‑center community support, even as its cloud business faces tougher EU regulatory scrutiny this week.
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Amazon Adds DuckLabs Team to AWS and Cuts AGI Roles: Two Material Developments in the Last Week
Over the past week, Amazon’s AWS completed acquisition of DuckLabs to integrate DuckDB expertise, while Amazon trimmed jobs in its AGI research unit.
08 Sep at 03:04
Federal, State Attorneys General File Suit Against Amazon for Alleged Hidden Ad Surcharges
Amazon faces new antitrust litigation as the FTC and 22 state attorneys general sue over alleged deceptive ad surcharge practices.
25 Aug at 03:04
Amazon Shares Jump on Strong Q2 Cloud Growth and $600M Tariff Refund
Amazon stock surged in late July as Q2 results showed 37% AWS growth and the company secured $600M in tariff refunds, offering limited customer reimbursements.
12 Aug at 03:06
Amazon's Stock Declines Amid AI Investment Concerns and Data Center Attacks
Amazon's stock drops due to AI spending and Middle East data center attacks.